Pidilite Industries Limited has informed the Exchange about Action(s) initiated or orders passed
PIDILITIND · price
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Pidilite Industries has informed the exchanges that it received an order dated 4th June 2025 from the Assistant Commissioner of Vapi, Gujarat, imposing a penalty of Rs. 13,18,012 under the Central Goods and Services Tax Act for FY 2020-2021. The company plans to appeal the order and is reviewing its next legal steps. Pidilite has stated that there is no material impact on its financials, operations, or other activities.
The penalty amount is very small (around Rs. 13 lakh) relative to Pidilite's overall business, and the company has confirmed no material financial impact. Shareholders are unlikely to see any meaningful effect on the stock price from this routine tax matter.